Anand Rathi Share And Stock Brokers Ltd

Anand Rathi Share and Stock Brokers Ltd has successfully allotted 450 Secured, Unlisted and Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹4.50 crore. The allotment was made on a private placement basis. These NCDs have a tenure of 3 years and 2 days, with a coupon rate of 9% payable quarterly. The company has created a first-ranking charge by way of hypothecation over its unencumbered assets and book debts as security. The redemption date is set for July 30, 2029.

The Hon'ble High Court of Judicature at Bombay has quashed and set aside an arbitral award dated January 6, 2022, which had directed Shah Atul P. HUF to pay Anand Rathi Share and Stock Brokers Ltd ₹4,93,54,947.40 plus interest. The dispute involved trading transactions in castor seed contracts on the NCDEX platform during September-October 2019. The High Court ruled that the arbitral tribunal improperly sat in appeal over an appellate tribunal's order, violating judicial discipline and the fundamental policy of Indian law. The judgment does not impose any monetary liability on Anand Rathi and has no adverse financial impact. The company is evaluating legal remedies, including potential fresh arbitration proceedings.

Anand Rathi Share and Stock Brokers Ltd announced its unaudited consolidated financial results for the quarter ended June 30, 2026. Revenue from Operations grew 22% year-on-year to ₹2,461 million, with EBITDA increasing 30% to ₹973 million, achieving a 40% EBITDA margin. Profit After Tax (PAT) before exceptional items rose 71% to ₹391 million, while PAT after exceptional items grew 2% to ₹234 million. The Margin Trading Facility (MTF) book saw a 55% year-on-year increase to ₹13,318 million, and Assets under Management (AUM) grew 26% to ₹94,791 million. The company highlighted strong performance despite market headwinds, driven by growth in broking and non-broking revenues.

Anand Rathi Share and Stock Brokers Ltd's Board of Directors met on July 14, 2026, approving key strategic initiatives. The company will incorporate a wholly-owned subsidiary in Dubai, UAE. Additionally, the board greenlit a proposal to raise capital up to ₹500 crores through Non-Convertible Debentures (NCDs). The board also approved un-audited financial results for the quarter ended June 30, 2026, and material related party transactions with Anand Rathi Financial Services Limited and Anand Rathi Global Finance Limited, subject to shareholder approval. Revised policies on Related Party Transactions and CSR were also approved.

Anand Rathi Share and Stock Brokers Ltd's Board of Directors met on July 14, 2026, approving the unaudited financial results for Q1 FY27. Key decisions included the approval to raise capital up to ₹500 crores through Non-Convertible Debentures (NCDs) in one or more tranches. The Board also approved material related party transactions with Anand Rathi Financial Services Ltd and Anand Rathi Global Finance Ltd, subject to shareholder approval, and resolved to seek this approval via postal ballot. Additionally, the company will incorporate a wholly-owned subsidiary in Dubai, UAE.

Anand Rathi Share and Stock Brokers Ltd announced that its Board of Directors, in a meeting held on July 14, 2026, approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The company also approved a proposal to raise capital up to ₹500 crores through the issuance of Non-Convertible Debentures (NCDs). Additionally, the Board approved material related party transactions with Anand Rathi Financial Services Limited and Anand Rathi Global Finance Limited, subject to shareholder approval, and resolved to seek shareholder approval via postal ballot for these transactions. The Board also reviewed and revised company policies, including those on Related Party Transactions and Corporate Social Responsibility. Furthermore, the incorporation of a wholly-owned subsidiary in Dubai, UAE, was approved.

Anand Rathi Share and Stock Brokers Ltd announced its unaudited consolidated financial results for the quarter ended June 30, 2026. Revenue from operations increased by 22% year-on-year to ₹2,461 million. EBITDA grew by 30% to ₹973 million, resulting in a 40% EBITDA margin. Profit After Tax (PAT) before exceptional items surged by 71% to ₹391 million, while PAT after exceptional items grew by 2% to ₹234 million. The Margin Trading Facility (MTF) book saw a 55% year-on-year increase to ₹13,318 million, and Assets under Management (AUM) rose by 26% to ₹94,791 million. The company highlighted strong performance despite market headwinds, driven by client engagement and a balanced revenue profile.

Anand Rathi Share and Stock Brokers Ltd announced outcomes from its board meeting held on July 14, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company received approval to raise capital up to ₹500 crores through the issuance of Non-Convertible Debentures (NCDs). The board also approved material related party transactions with Anand Rathi Financial Services Limited and Anand Rathi Global Finance Limited, subject to shareholder approval, and resolved to seek shareholder approval via postal ballot for these transactions. Furthermore, the company approved the incorporation of a wholly-owned subsidiary in Dubai, UAE, and revised its policies on Related Party Transactions and Corporate Social Responsibility.

Anand Rathi Share and Stock Brokers Ltd has announced the allotment of 500 Secured, Unlisted, and Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹5 Crores. The allotment was made on July 10, 2026, on a private placement basis to identified investors. These NCDs have a tenure of 1 year and 10 days, maturing on July 20, 2027. The coupon rate is 9.50% per annum, with quarterly interest and principal payments. The issue is secured by a first-ranking charge on the company's unencumbered assets and book debts. In case of default, an additional interest of 2% per annum will be payable.

Anand Rathi Share and Stock Brokers Ltd has announced a Board of Directors meeting scheduled for July 14, 2026. The meeting agenda includes the consideration and approval of the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Additionally, the board will discuss and approve a proposal for raising funds up to ₹500 crores through the issuance of Non-Convertible Debentures on a private placement basis. The trading window for designated persons will reopen 48 hours after the declaration of these financial results.